well tonight kuwait's collective widespread anger at the poll the use misled opposition says is rigged in support of the u.s. backed. in egypt the president's supporters weigh in with rival protests have made liberal feel really good somehow that morsi is self imposed on the constitution these allies have drafted. the u.s. sits back at israel for throws in thousands of new settlements in the west bank and east jerusalem just a day after the u. integrated palestine's diplomatic status. hello my name's kevin though it's no nine pm here in moscow this is our top story

the islamist led opposition in kuwait is boycotting saturday's parliamentary ballot in a bitter standoff with the country's own elected leaders the u.s. backed monarchies accused of amending the voting rules to influence the outcome of the poll. with the lakers lucy hi good evening to you kuwait does not feature does of the world headlines what's so significant is that of events happening in the country tonight. well wait maybe a tiny nation but its regional influence as well as its strategic importance to the west is immense absolutely immense as an opec member anything any sort of unrest that happens on the ground here could have potential impact on the world oil market as well as global oil prices as well as the pentagon's plans to use this tiny nation as a hub for its ground forces as a counterweight to iran now kuwait already holds three american military bases and folks in washington are talking about increasing the troop presence here especially in light of the withdrawal of troops from iraq and the looming withdrawal from. yes

down now polls have officially closed here in kuwait and while we won't know the results for a few more hours the opposition is already claiming a victory here saying that the boycott was success that voter turnout was low and that the parliament therefore is illegitimate now what this means is this could spark further on rest on the streets on the ground here in kuwait as people are quite frustrated with the developments in the political system on one hand this country is considered to be one of the most democratic and liberal and sort of open minded compared to the other gulf monarchies but at the same time the unelected ruling emir has the power to veto legislation to dissolve the parliament which is what has taken place four times since two thousand and six as well as effectively there's been a ban on political parties and gatherings of more than twenty people are banned and so the worry here is that while kuwaitis do generally enjoy more rights than residents of other gulf states that there is a trend towards effective oppression here on the ground and

a move away towards democratic does ation and this is of course all happening as the gulf countries are struggling to deal with the effects of the arab spring hoping to stave it off from taking place on the ground now what we've heard from the opposition already actually in fact we have spoken to a rock who on twitter his leading opposition figure on twitter he had already said the kuwaiti people have succeeded in bringing down the selection by not taking part we sat down with him and i want to play you a little bit of what he had to say about the political problem here. i have a problem is that the government doesn't need neither the constitution nor democracy and they always start to talk about dialogue whenever they need a temporary alternative but in practice they are defying democracy the main problem is that since one thousand nine hundred seventy six the development of kuwait is stopped because the government started thinking of how to change the constitution and get rid of it the growth of the country has stopped and the government is unable to change the constitution or to continue with the development process as

a result the situation has got to where it is now. and so what he's referring to is effectively what people feel is a corruption at the top a lack of economic development despite the massive oil wealth of this country both as well as what people feel a subversion of the political system and as i said while there is more media freedom and sort of political freedom relative to other countries here we have seen activists arrested for speaking out negatively against the ruling family and the policies here and we've also seen crackdowns on public gatherings and on sanctions protests with security forces using tear gas stun grenades as well as rubber bullets so the fear here is that the country could be moving away from liberal policies and from theoretical democracy is going to ask you about that very question what is your feeling about what kuwait is heading with the results of these elections come in what should feeling from the people i've been talking to around you. well the people here are actively searching but we don't have the results yet we know that the opposition is not going to get any sort of

a majority because the opposition has boycotted from running in these elections and so what we know is that the outcome of this vote is going to be a parliament that will be largely friendly to the ruling monarchy and the key question here is whether this political battle is going to play out in the polls in the next elections or if a largely energized opposition is going to take to the streets and continue to stay there and we don't know what's going to happen yet a lot of people are waiting to see sort of what the key leaders in the opposition will decide to do and what we have to keep in mind here is just like in other countries where the arab spring has sort of taken place we've seen the islamist hard line islamic groups come to power and while political parties are officially banned here at the last parliament had won two thirds of a majority of the islamists and won two thirds majority in the last parliament and these guys have have now gotten support from liberals and you back to this because everyone here is quite frustrated with the changes to the election laws and so when you have this massive coalition with very unhappy with the system the way that it

is who's not happy with the direction that the country is changing it's hard to see how that's going to result in a calm situation in the streets only time will tell who should come from a foot live from kuwait thank you very much. meanwhile in egypt thousands of businesses are running in support of the president there while the opposition continues to demonstrate against hiv mohamed morsi initially sparked public fury of the granting of self supreme powers and now the draft constitution his political allies have proved also come under fire and that is tom barton reports from cairo. protesters have been camped out in tahrir square since last week since gyptian president mohamed morsi if you decree granting himself sweeping new powers that kicks off a wave of protests by the more liberal sections of egyptian society not just here in cairo but in cities across the country some of those spilling over into violent protests we've seen take gas thrown and stone exchanges between the protesters and

police a number of protesters have died hundreds more have been wounded across the country in those protests because of it at the root of it a constitutional crisis here not what people in the basij when they had their revolution nearly two years ago to overthrow hosni mubarak last week after this declaration how much more see the current president backed by the muslim brotherhood said that the reason for that was to try and get a new constitution last in a process that dragged out for a long time for egypt's however the constituent assembly that drafted that is dominated by the muslim brotherhood many other representatives of more liberal representatives coptic christians and other groups that have withdrawn from that assembly in protest so there is the fear that that new constitution which has just recently been drafted is too islamist and is to religiously conservative doesn't

make enough provisions to protect minorities in a gyptian society mohamed morsi for his part ses he wants compromise he wants to protect the revolution and today it is the chance of his supporters he is supported by large sections of the egyptian population and he did win the presidential election these protests will continue here in tahrir square as well and we have this shows that the constitutional crisis and the battle to try and get egypt's revolution on the right track on a track that egyptians can agree on is far from over to the will current political sociologist says egyptians know better than to trust leaders who assume so-called temporary sweeping powers. you nor any of the big ticket will in the world. will tell you it is a temporary thing it is full emergency told us the seams seem saying sift use of or

under president obama and we still have under emergency law for seventy years and it was all over the syria excuse at the simpering it was a short period egyptian people in two thousand and twelve are not the egyptian people in two thousand and ten did have change there was a political culture that has changed a lodging such like social networks and strong you cannot lie to them and they do not trust this group also the fact that the muslim brotherhood looks to be a part of a grand strategy by the united states and if it succeeds in egypt it would see that all the arts we go to this and americans will be able to establish an islamic. america we seems in the area to policing the whole of the horses who have feel we are in many ways was new horses that would open with the people inside but serve america. those in the area from outside. washington at it israel for authorizing

three thousand new settler homes in the west bank in east jerusalem israel's move came a day after the un general assembly upgraded palestine to being a nonmember observer the u.s. called the construction decision counterproductive to peace negotiations on a two state solution palestinians say the lands in the west bank in east jerusalem which were occupied by israel in the night in sixty's must be returned to them but since then the number of israelis living there is risen to half a million for the palestinians all settlement building must stop before any peace talks begin human rights activist steve hind things both sides of that apart from a two state solution now than ever. if we're serious about a two state solution and if we're serious about moving towards that there there's no way that this bill of assessment expansion can be seen as in any way a means. towards getting back on the table and moving towards the peace talks that both sides so desperately need in the latest upsurge in violence in gaza we've seen

documented proof that israel launched indiscriminate attacks i.e. they failed to distinguish between combatant and civilian in the same way that hamas rocket attacks very clearly are aimed at civilians which is a violation of international humanitarian law in the sense that target civilians or by the indiscriminate nature of their arsenal away from a two state solution perhaps we've ever been before but only by building on the international consensus that we've got that israel and even the united states are forever away from can we hope to move towards a long lasting peace. in the future of america's high tech hubs in jeopardy in a few minutes in our report why silicon valley shutting out the innovators who helped create its digital revolution plus. i'm kind of a thought what i don't know doesn't hurt me so if your government is killing innocent people you're ok with that i'm not saying i'm ok with that but. i know i'm

contradicting myself but i obviously don't want my government to kill innocent people in the same boat. how do i know they're innocent well we asked people your whether ignorance is bliss when it comes to their government's dark secrets that said. this is day starts at five am early in the winter tending to this flock of three hundred sheep in the mountains and pains of. thirty five years old it wasn't the life he having studied accounting but he dition and familiar dictated that he would take on the care of these animals after his father. he's just made camp at their winter farm stage setting up his ute the traditional two fenian round tent made of diskin. back amongst his family and his job is a lonely one and tough going out in all weathers braving extremes of plus to minus

forty degrees celcius says that i'm with them there are certain difficulties there's not enough time for everything i'm almost alone my sister works with my mother my mother is seventy five she's very old and i miss mountains when i'm in town and i spend a lot of time here. so most of us are simply carrying out the work that his father did and his father before him nothing has changed over many many centuries and that's half the problem it's hard work and many people don't want to come into the industry now and it's really fit there could die out altogether. they it's difficult to manage everything alone i used to have people who helped me but they were no good they didn't take care of the sheep with all their heart they hurt the cattle. with more people leaving them coming to the countryside the region's government is having to act making the life of the herd and more attractive than promising largest subsidies for countries and lie stocks and organizing

cooperatives for the sale of day put out to ensure the hard to get the high it fair price i sympathize with those youngsters leaving for an easier more profitable life stay in their publics capital because ill but he no longer wishes to join them he enjoys his pastoral way of life now looking for a helper who shares his enthusiasm with more time on his hands he says matter of fact he can start to look for a new wife. hello again through some footage has emerged apparently showing syrian rebels executing loyalists while the victims pleaded for their lives now some of the very images you bred see are very graphic here one of the government's referencing an al qaeda linked group behind several terrorist attacks in syria meantime the armed rebels

are claiming new dances and drive towards the capital damascus news analyst patrick having some says the nationwide internet shutdown is now anybody could have been american influenced. become a massive problem again with syria we've had this problem from the beginning which is the skewing of going from asia and coming out of the country the syrian observatory for human rights was responsible for a lot of the usual bogus claims that allowed the west to sort of justify the backing of the free syrian army terrorist group leaders of our western countries particularly nato countries or incurred. the syrian terrorist rebels guerrillas whatever you want to call them to really accelerate the bloodbath in that country because in the eyes of washington and london the bigger the blood out the quicker they can have reaching here in just a report just came out this week with a supplying satellite units to rebels rebel groups terrorist groups essentially in

syria so they can communicate while the internet is down to their country there was a niche initially sold in the media in places like the washington post as a move by the assad government possibly to shut down rebel communications but actually upon further investigation it looks like it's possible that actually the combination of the united states operatives and the syrian rebels could actually be behind the bringing down the internet and the reason is is because if the blood escalates in that country the last thing that the west wants is any reports coming out on the internet of actual rebel terrorist atrocities in that country atrocities that we've seen quite a bit of recently he more will news in brief suicide car bombings that left three dead in southern afghanistan six more in the blast according to officials the intended target was a local police headquarters but the vehicle detonated before reaching the gate now one check time sponsibility for the attack. well for here it will launch

a long range rocket later this month the move set the relations with south korea and the united states failed launch back in april resulted in washington suspending food aid to the totality of state tension on the potential is also rising over south korea's recent deal with the us would fall dramatically increased sales but this thickness are a. cargo plane crashed into a residential area in the republic of congo it's feared more than thirty people have died there the aircraft skidded off the runway in the capital brazzaville in bad weather while it was trying to land then hit houses before ending up in a ravine all crew members on board are thought to have been killed. silicon valley has long been the world's leading hub for high tech business of course a reputation larger than to an influx of foreign entrepreneurs but seems this global symbol of enterprise could soon be in danger with the u.s. growing ever more reluctant to welcome new talent from abroad are these within

a culture that has got the story for you puts the silicon valley. lots of sharing helping each other even competitors will help each other. some of the biggest brands and the planets and all instantly and so she has what america and surprisingly the majority were created by foreigners. jerry yang who was born in taipei surrogate britain whose parents came from russia when he was six or pierre omidyar and the rainy and born in paris silicon valley has thrived thanks largely to immigrants people who came here with their dreams and had the drive to make them a reality they transformed this place into an unreliable hub for high tech development the birthplace of global pioneers one person who helps those outsiders to get a foot in the door is german born and how it could blend struck she says the valley moves so fast that it seems skilled foreigners bring up left frightened center

literally average day and there is a simple reason such success is coming their way so many of the of the indians and chinese that come in the others they make these great companies and then they hire people so they are really giving work i think they are hungry for the words they want to succeed they're driven the valleys biggest rice came with the boom of immigrants in the ninety's that brought innovations in software and internet services the numbers speak for themselves just over half of the companies found it in silicon valley from the mid ninety's to the mid to thousands had founders born abroad believe us research says there is a case to one for him born inventor behind three quarters after a new patient and like for many others getting impatient for a start up is what brought julia to palo alto from project to school smart wall and works as a messaging tool for those who want to avoid social networks most of the people

that are that i see are foreigners and also there are a lot of americans that are not from here so they're also coming it's it's not a matter of nationality here is a matter of the real skills that you have but there are some clouds on the california sky currently over half of foreign born inventiveness face visa hurdles the end. knowing economic recession has brought deep fears to home and about much needed jobs going into hands that have come from abroad meeting it hard for many to understand that foreigners can actually bring benefits to times when america so desperately needs and i think that's something that white america doesn't get they don't understand why. because they don't because i think that a lot of this year's is still though they're taking our jobs the way america prides itself on being a melting part of the country where thousands flocked for a better life but u.s. immigration policy me put an end to all that and you know question marty. that r.t.

dot com right now the u.s. senate approving a bill on national security which could damage the capability of a security forces one to find out more can from last article called. him a polluted publishes official world giving address revealing the agenda for the year ahead as russia assumes the presidency of the g. twenty. another two you care fish will get hot under the collar as one hundred seventy boxes containing top secret files about britain's former colonial rule of go on the missing worst case scenario party dot coms a place to find out more. during two days of pretrial hearings lawyers for the american private accused of leaking classified data to wiki leaks have talked of his mistreatment and suicidal thoughts bradley manning has already spent the best part of two years in detention for revealing killings that the u.s. military didn't want to exposed on the anniversary of the cable gate that landed

him behind bars there half a no sauce where the people really want to know what their governments are up to. it's been two years since wiki leaks released what's now known as cable gates the world's largest leak of classified u.s. material so has it changed the world much this week let's talk about that i'm kind of a thought what i don't know doesn't hurt me so if your government is killing innocent people you're ok with that i'm not saying i'm ok with that but. i know i'm contradicting myself but i obviously don't want my government to kill innocent people but in the same boat. how do i know they're innocent if you were in the government and you live or you run a business this is a a business and you lead everyone from your employees to the person who's the janitor know everything about your business something's going to come back and haunt you and so maybe you shouldn't do anything that would haunt you. that.

you have a good point knowledge is power right so we found out some information so that's a positive thing but i don't know if it's changed anything you don't think it's changed the way the government might act i think if they broke through some sort of firewall to get this information they probably built a new firewall that they can't break through quite as easily i don't think i it's changed anything i think the government is going to make it more of a secret you know as long as there is money power involved i don't think anything's going to change the information has since the printing of good will burke in the fortune century. the public is allowed to have information what about the government are they allowed to have information about us certainly yes so what about the people who protested that the government is using the internet to spy on us. well if you want to spy on each other just look at today just to minutes ago syria just closing the into that so is that a government the i think of the government especially the what america is the world

is ultimately is going to about it whether or not we feel like wiki leaks has changed the world the bottom line is governments might now feel like they have their own big brother watching and hopefully that's a good thing. because of super programs lots of you tonight on the way thirty minutes of cutting through the latest economic spin with nazis lauren lister enjoy. we speak your language. news programs and documentaries in spanish matters to you breaking news a little tentative angles kidney's stories. to

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good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for friday nov thirtieth two thousand and twelve the fiscal cliff continues to drive the news cycle and washington politics meanwhile the wall street journal reports it's pushing us i.p.o.'s stock sales and mergers as sellers feared taxes on investment gains could go up next year now despite news like this and even if by efforts to promote i.p.o. bubbles the number of companies going public continues to be down significantly from highs in the one nine hundred ninety s. why would we want this. why would we ever want to bubble party private equity advisor william janeway is

here to explain why bubbles are sometimes good plus u.s. corporate profits hit a record high in the third quarter according to the bureau of economic analysis with these profits why are we seeing more business investment to fuel innovation will discuss and we hear about sovereign credit downgrade and warnings of those downgrades all the time in the wake of the debt crisis and austerity in europe but now extravagance and luxury are on the line the ratings agency moody's has reportedly put carmaker aston martin on review for a debt downgrade we'll discuss let's get to today's capital account. bubbles are often thought of as detrimental to an economy is healthy needless to

say but what if in reality of progress cannot happen without bubbles and with the u.s. economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and this dave thank you so much for being on the show very good to be here we're going to have you because you have said and i would definitely agree that bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight by.